Assistant Pricing Actuary — Build Pricing Models & Insights in London

Assistant Pricing Actuary — Build Pricing Models & Insights in London

London Full-Time 30000 - 40000 £ / year (est.) No working from home possible
Beazley Management Limited

At a Glance

  • Tasks: Develop pricing models and conduct analytical studies to support insurance pricing.
  • Company: Leading insurance firm in Birmingham with a focus on innovation.
  • Benefits: Collaborative work environment, professional development, and ethical standards.
  • Other info: Strong Excel skills and analytical abilities are essential for success.
  • Why this job: Join a dynamic team and make a real impact in the insurance industry.
  • Qualifications: Degree in Mathematics and progress towards actuarial qualification required.

The predicted salary is between 30000 - 40000 £ per year.

A prominent insurance firm in Birmingham seeks an Assistant Pricing Actuary to provide actuarial pricing support within their MAP Risks Division. The role involves developing pricing tools, conducting analytical pricing studies, and preparing reports for governance committees.

Candidates should hold a degree in Mathematics and be progressing towards an actuarial qualification. Strong skills in Excel and analytical abilities are essential.

This position offers a collaborative work environment focused on professional development and adherence to ethical standards.

Assistant Pricing Actuary — Build Pricing Models & Insights in London employer: Beazley Management Limited

Beazley Management Limited is an excellent employer, offering a dynamic and collaborative work culture in the heart of London. Employees benefit from comprehensive professional development opportunities, competitive compensation, and a strong commitment to upholding company values while engaging with industry stakeholders. The role of Global Claims Lead not only provides meaningful challenges but also fosters growth within a supportive team environment.

Beazley Management Limited

Contact Details:

Beazley Management Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Pricing Actuary — Build Pricing Models & Insights in London

Tip Number 1

Network like a pro! Reach out to professionals in the insurance and actuarial fields on LinkedIn. Join relevant groups and engage in discussions to get your name out there and learn about potential job openings.

Tip Number 2

Prepare for interviews by brushing up on your Excel skills and analytical techniques. Practice common actuarial scenarios and be ready to showcase how you can develop pricing models and insights that align with the firm's goals.

Tip Number 3

Don’t just apply anywhere; focus on firms that resonate with your values and career aspirations. Use our website to find roles that match your skills and interests, and tailor your approach to each company’s culture.

Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It also keeps you fresh in the interviewer's mind as they make their decision.

We think you need these skills to ace Assistant Pricing Actuary — Build Pricing Models & Insights in London

Actuarial Pricing Support
Pricing Model Development
Analytical Pricing Studies
Report Preparation
Excel
Mathematics Degree
Actuarial Qualification Progression

Some tips for your application 🫡

Show Off Your Maths Skills:Make sure to highlight your degree in Mathematics and any relevant coursework or projects. We want to see how your academic background aligns with the role of Assistant Pricing Actuary.

Excel is Key:Since strong skills in Excel are essential, don’t forget to mention any specific Excel functions or tools you’re familiar with. We love seeing candidates who can leverage technology effectively!

Be Analytical:This role involves conducting analytical pricing studies, so share examples of your analytical abilities. Whether it’s a project or a personal experience, we want to know how you approach problem-solving.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves!

How to prepare for a job interview at Beazley Management Limited

Know Your Numbers

Brush up on your mathematical skills and be ready to discuss how you've applied them in previous roles or projects. Be prepared to explain your thought process when developing pricing models, as this will show your analytical abilities.

Excel is Your Best Friend

Since strong Excel skills are essential for this role, make sure you can demonstrate your proficiency. Consider preparing a few examples of how you've used Excel for data analysis or modelling in the past, and be ready to discuss any advanced functions you’re familiar with.

Understand the Industry

Familiarise yourself with current trends in the insurance sector, especially related to pricing strategies. Being able to discuss recent developments or challenges in the industry will show that you're not just qualified but also genuinely interested in the field.

Prepare Thoughtful Questions

Interviews are a two-way street, so think of insightful questions to ask about the MAP Risks Division and the company culture. This shows your enthusiasm for the role and helps you gauge if it's the right fit for you.